SOURCE: VitaminSpice

November 08, 2010 16:01 ET

VitaminSpice Enters Into Binding Letter of Intent to Acquire the Branded Food Assets of Gandolf Foods Gaining Immediate Distribution and Sales

MILWAUKEE, WI and WAYNE, PA--(Marketwire - November 8, 2010) - VitaminSpice (OTCBB: VTMS) (German WKN: A0YE4L) (www.vitaminspice.net) VitaminSpice Inc has entered into a binding Letter of Intent to Acquire all of the Branded Food Assets of Gandolf Foods. This transaction will bring immediate distribution to thousands of retail stores immediately expanding the awareness and reach of the VitaminSpice Brand Name.

In addition to 25+ years of experience in branded food retail and marketing, Gandolf Foods supplies 14,000 Independent Convenience Stores across the United States. These stores include independent Shell, Citgo, ValuMart, and Mobil locations. Many of these locations have food and coffee service for customers. The obvious first VitaminSpice offerings will be Cinnamon for coffee and desert foods and red and ground black pepper and garlic for sandwiches pizza and the like.

"James Gandolf is an extraordinary person that gets the job done for his clients. It makes perfect sense for people to have an opportunity to put VitaminSpice Cinnamon in their Coffee and receive a multivitamin with their favorite cup. Locations with Deli counters will have the opportunity to add VitaminSpice products to their sandwiches to increase the nutritional benefits for their customers," stated Edward Bukstel, CEO VitaminSpice.

"VitaminSpice makes sense for my customers and this is a perfect match for Gandolf Foods. The unique products produced by VitaminSpice will allow additional healthy choices in the food service, retail, and convenience channels. We are already working jointly to produce additional innovative products to add to the VitaminSpice Line," stated James Gandolf, Owner Gandolf Foods.

About VitaminSpice
VitaminSpice is uniquely positioned between the $150 billion health food/vitamin supplement industry and the multi-trillion-dollar traditional food industry. A pioneer in the emerging FoodCeutical Industry, VitaminSpice sells vitamin-, mineral- and antioxidant-infused spices and food products. Their offerings include Crushed Red Pepper, Ground Black Pepper, Italian Seasoning, Ground Cinnamon and Granulated Garlic. A proprietary micro-encapsulation process keeps vitamin properties locked inside, even when heated, allowing the seasonings, condiments, and food products to retain their full flavor.

VitaminSpice Safe Harbor

This News Release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.

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